🔥 $BNB /USDT – Key Level Retest Before Next Move?

BNB
BNB
604.07
-2.18%

💰 Price Snapshot

Current Price: 611.52 USDT

24h Change: -1.87%

24h High: 626.57

24h Low: 608.75

24h Volume: 83,824.43 BNB

24h Volume (USDT): 51.70M USDT

Category: Layer 1

Timeframe Focus: 15m / 1h / 4h

📊 Momentum Analysis

BNB is currently consolidating just above the 608–610 support zone after rejection near 626.57. The structure still looks bullish on the 4H timeframe, but short-term momentum has cooled off.

Key observation:

Holding above 600 keeps the bullish structure intact.

Losing 600 opens room toward 589.99 support.

Volume is stable but not explosive — market waiting for direction.

This looks like a classic retest before a bigger move.

🚀 Long Setup

Entry Zone: 605 – 612

Targets:

🎯 T1: 622

🎯 T2: 634

🎯 T3: 645

Stop Loss: Below 598

📌 Breakout Confirmation Level

Daily close above 627 confirms bullish continuation toward 650+ zone.

🛡 Key Support

600 psychological level

589.99 major support

🧠 Pro Tip

BNB often moves after BTC volatility expansion. If BTC breaks range, expect BNB to follow with acceleration. Don’t overleverage inside consolidation — wait for confirmation.

BNB still looks structurally strong. This could be accumulation before expansion.

What’s your bias here — reclaim 630 or drop to 590 first? 🚀